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TI Automotive will build an 8,700 m² production facility in CTPark Krásno nad Kysucou, with construction starting in Q1 2019 and a potential further 2,300 m² extension.
TI Automotive announced a €16 million investment in a new factory in Tangier, Morocco, to produce fuel system tubes. The plant, located in Tanger Med, will have an annual capacity of 4.5 million meters of tubes, with production exported to Europe.
PSA Group has awarded component contracts to suppliers in the Vigo area for its V20 SUV project (Peugeot 2008), worth approximately €250 million in additional turnover for Galician suppliers. The project involves an investment of over €640 million by PSA and production is set to begin in 2020.
| Site | Largest | Latest |
|---|---|---|
| Krásno nad Kysucou, Slovakia | 2019-01-18 | |
| Tanger Med, Morocco | $18.3M | 2019-01-10 |